$1 Billion USDA Program Will Fund Pilot Projects For The Development Of Climate-Smart Commodity Markets

On February 7, 2022, Secretary of Agriculture Tom Vilsack announced a $1 billion competitive grant offering to fund pilot projects through its “Partnerships for Climate-Smart-Commodities” program. The program was developed at the USDA with input from stakeholders during a comment period in 2021. It is designed to encourage the voluntary development of markets for products of agriculture and forestry that are particularly beneficial from a climate change perspective.